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you have a debt and deficit hawk. do you worry looking ahead about the debt under romney might explode again similarly? >> well, number one, the deficit is the symptom. spending is the disease. i me, since world war ii, revenues have averaged about 18.5% of the economy. spending is at 20%. now due to the president's policies we have revenue that's gone down due to less economic growth but it's spending that's skyrock skyrocketing. he has it up to almost 25% of the economy and on automatic pilot for 40%. that means middle income families will suffer. >> but why would -- >> it is a spin proven problem. the deficit is the symptom. spending is the disease. you have to take care of the spending side and once again, brooke, if you look at irs data, you will see that revenues actually increased when we brought down rates because we had more economic activity. >> but congressman, why would -- >> -- to your proposition. >> why would the trickle down theory work this time producing record debt two times before? >> because we ha
you have a debt and deficit hawk. do you worry looking ahead about the debt under romney might explode again similarly? >> well, number one, the deficit is the symptom. spending is the disease. i me, since world war ii, revenues have averaged about 18.5% of the economy. spending is at 20%. now due to the president's policies we have revenue that's gone down due to less economic growth but it's spending that's skyrock skyrocketing. he has it up to almost 25% of the economy and on automatic...
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more importantly, he was the lead negotiator for the president during the deficit conversations. and so congressman ryan will not be able to say i'm the budget guy. biden will be able to say i was once sitting across the table from speaker john boehner, having those discussions. >> maybe that bodes well for some kind of hechft and substan. >> absolutely. >> and foreign policy, right? >> yes. biden will relish saving the president's butt. >> they are a little nervous. >> you think? >> joe biden -- little nervousness there. >> shirtless joe biden on the podium. >> my eyes are burned, i believe. >> if heas a good night he will walk off and tell the president, yeah, you owe me for that one. >> sparkling. >> of course. >> you should drink every time they mention scranton. you will be drinking. >> what about middle class? i think you would not even make it through the debate if you drink every time they say middle class. >> you want to be sober, they won't say poor. you will not hear poverty. >> how about every time they mention their parents? >> you're drinking. no question. >> middle
more importantly, he was the lead negotiator for the president during the deficit conversations. and so congressman ryan will not be able to say i'm the budget guy. biden will be able to say i was once sitting across the table from speaker john boehner, having those discussions. >> maybe that bodes well for some kind of hechft and substan. >> absolutely. >> and foreign policy, right? >> yes. biden will relish saving the president's butt. >> they are a little...
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because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? >>> well, it may just be the vp debate. the second tier battle for the top ticket in the country, but tonight's debate between joe biden and paul ryan will unubtedly be watched by millions. and while some say a vp debate doesn't hold much sway, you just try telling that to the roughly 70 million people who watched the last vp contest on tv. it was back in 2008. vice presidential candidates joe biden versus sarah palin. >> nice to meet you. hey, can i call you joe? >> you can call me joe. >> thank you. thank you, gwen. thank you. thank you, thank you. >> say it ain't so, joe. there you go again pointing backwards again. you plefrsed your whole comment with the bush administration. >> say it ain't so, joe. i love that. as mentioned, 70 million people watched that debate. that's 10 million more than last week's debate between the presidential candidates. one woman who know as thing or two about prepping such,
because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? >>> well, it may just be the vp debate. the second tier battle for the top ticket in the country, but tonight's debate between joe biden and paul ryan will unubtedly be watched by millions. and while some say a vp debate doesn't hold much sway, you just try telling that to the roughly 70 million people who...
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actually raises taxes on 9 million of the hardest pressed working families who would blow a hole in the deficit, cause much deeper cuts in medicare, medicaid and education and the environment and knock our economy off track raising interest rates, mortgage rates and car payment. >> well, deja vu when you listen to al gore now and joe biden and we'll watch to see if that plays out tonight. tonight, who do we have on stage? vice president joe biden and chairman paul ryan and they want to dbate which ticket is best for the middle classnd expect talk about their hometown routes. >> i proudly represent the state of delaware from years in the senate, but i come from a state, i come from pennsylvania -- i come from scranton and the same things in pennsylvania have basically happened here in ohio and, i tell you what, both, both are coming back. >> i live in janesville. i live about two hours northeast of here. it looks just like this town. actually, this looks, very much like some buildings we have in wisconsin. >> hear a lot of that tonight. joe biden and paul ryan on the campaign trail. go into the
actually raises taxes on 9 million of the hardest pressed working families who would blow a hole in the deficit, cause much deeper cuts in medicare, medicaid and education and the environment and knock our economy off track raising interest rates, mortgage rates and car payment. >> well, deja vu when you listen to al gore now and joe biden and we'll watch to see if that plays out tonight. tonight, who do we have on stage? vice president joe biden and chairman paul ryan and they want to...
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because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? ♪ ♪ hi dad. many years from now, when the subaru is theirs... hey. you missed a spot. ...i'll look back on this day and laugh. love. it's what makes a subaru, a subaru. by the armful? by the barrelful? the carful? how about...by the bowlful? campbell's soups give you nutrition, energy, and can help you keep a healthy weight. campbell's. it's amazing what soup can do. >>> today is national coming out day, and we want to talk to a man who came out but only as an experiment. because he's actually straight. his name is tim cureic. wrote about his experience in a book called "the cross in the closet" joining me from seattle. thank you so much for joining us. may i call you tim? >> yeah. that's great, don. >> so you are a christian conservative. what motivated you to explore life as a gay man? why did you do this? >> i had a friend come out of the closet and she was pretty brutally disowned by her family. and
because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? ♪ ♪ hi dad. many years from now, when the subaru is theirs... hey. you missed a spot. ...i'll look back on this day and laugh. love. it's what makes a subaru, a subaru. by the armful? by the barrelful? the carful? how about...by the bowlful? campbell's soups give you nutrition, energy, and can help you keep a...
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increased spending to increase the the deficit. >> while you watch the debate tonight, get instant reaction debates live blog. just rolls off the tongue, doesn't it? we'll be right back. >>> in 1994 when george bush sr. was in a debateferaro, he appeared to be patronizing toward her. >> let me help you with the difference between iran and the embassy in lebanon. >> and she answered right on the button. >> let me just say first of all that i almost recent your patronizing attitude that you have to teach me about foreign policy. >> that moment, i think, solid fie e fieded the idea that a woman had the right to be there as a vice presidential candidate. all energy development comes with some risk, but proven technologies allow natural gas producers to supply affordable, cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas...
increased spending to increase the the deficit. >> while you watch the debate tonight, get instant reaction debates live blog. just rolls off the tongue, doesn't it? we'll be right back. >>> in 1994 when george bush sr. was in a debateferaro, he appeared to be patronizing toward her. >> let me help you with the difference between iran and the embassy in lebanon. >> and she answered right on the button. >> let me just say first of all that i almost recent your...